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30)If no material differences are found using analytical procedures and the auditor concludes thatmisstatements are not likely to have occurred:A) other substantive tests may be reduced.B) it will be necessary to increase the tests of balances.C) it will not be necessary to perform tests of balances.D) it will be necessary to increase the tests of transactions.31)Which of the following audit tests is usually the least costly to perform?
32)An increased extent of tests of controls is most likely to occur when:33)When an auditor believes that analytical procedures indicate a reasonable possibility of misstatement, the auditor usually would:34)If tests of controls support the control risk assessment, then ________ in the audit risk model is increased.A) planned detection risk.B) planned inherent risk.C) planned fraud risk.D) planned assurance risk.35)The auditor would design which of the following audit tests to detect possible monetary errors in the financial statements?36)The reliance the auditor places on substantive tests in relation to the reliance placed on internal control varies in a relationship that is ordinarily:
37)A deficiency uncovered in the audit of internal control is explained by which of the following in relation to a financial statement misstatement?